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Sep 28, 2012
09/12
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liberals are in disarray at this point, so that is a problem for angela merkel. he wants to oust the current government and with it angela merkel, and that would be -- that would mean reshaping german politics. >> what does he need to do in order to convince voters that he can lead germany? >> he has to show that he is listening and that he cares. everyone knows steinbruck has a great deal of financial expertise and acumen, but some people think he is a little too close to the financial sector, to the banking sector, that he is too much of a centrist. certainly here, there is a perception in germany at the moment that there is a great deal of social imbalance. a lot of people among the social democrats are concerned that the gap between the rich and poor is getting greater, and some people blame that on the financial markets. some people blame it on the financial sector. it is no coincidence that steinbruck earlier this week came out with an initiative to regulate the banks, to tame the banks, as he put it, in an attempt to win over hearts and minds among his own
liberals are in disarray at this point, so that is a problem for angela merkel. he wants to oust the current government and with it angela merkel, and that would be -- that would mean reshaping german politics. >> what does he need to do in order to convince voters that he can lead germany? >> he has to show that he is listening and that he cares. everyone knows steinbruck has a great deal of financial expertise and acumen, but some people think he is a little too close to the...
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Nov 23, 2011
11/11
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as you say, angela merkel is not in favor of eurobonds. she is not alone. the dutch finance minister said it was the wrong solution and could actually worsen the economic crisis. a political storm, but we have already got one, but it is building into a bit of a fury tonight. >> thank you. that here in berlin, policy- makers are debating the budget for finance -- back here in berlin, policy-makers are debating the budget for next year. german chancellor angela merkel suggested that germany would have to borrow more money next year to meet costs, leading her political opponents to accuse her government of a double standard. >> berlin plans to clog up more of its own debt next year. 26 billion euros -- that is 4 billion more than this year. the chancellor called her government's budget on this, pointing to germany's economic slowdown, but the opposition is outraged. the spd leader calls the plan a leading signal to other european states. >> you condemn europe to a savage austerity program. how credible is that policy is here in germany under much better condit
as you say, angela merkel is not in favor of eurobonds. she is not alone. the dutch finance minister said it was the wrong solution and could actually worsen the economic crisis. a political storm, but we have already got one, but it is building into a bit of a fury tonight. >> thank you. that here in berlin, policy- makers are debating the budget for finance -- back here in berlin, policy-makers are debating the budget for next year. german chancellor angela merkel suggested that germany...
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Aug 25, 2011
08/11
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. >> german chancellor angela merkel has been having a tough time with the been sharply criticized for an apparent lack of direction about her handling of the european debt crisis. much of that criticism has come from opposition figures. let the, the sharpest arrows have been stung by her own party colleagues. even her onetime mentor, helmut kohl, has come out with an unflattering assessment of her leadership. >> forbes magazine calls for them world's most powerful woman, but at home, angela merkel is struggling, fighting for her party in upcoming state elections. she is battling to answer criticism from an increasing number of public conservatives. some unusually harsh words have come from helmut kohl. in a highly publicized interview, his onetime mentor blasted what he called the government's lack of orientation. he said germany has not been a predictable factor for several years now. we must take care not to gamble everything away. we must urgently return to our former dependability. criticism has also come from conservative lawmakers. many openly question merkel's handling of the d
. >> german chancellor angela merkel has been having a tough time with the been sharply criticized for an apparent lack of direction about her handling of the european debt crisis. much of that criticism has come from opposition figures. let the, the sharpest arrows have been stung by her own party colleagues. even her onetime mentor, helmut kohl, has come out with an unflattering assessment of her leadership. >> forbes magazine calls for them world's most powerful woman, but at...
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Oct 9, 2012
10/12
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angela merkel made her first visit to greece since the eurozone crisis began. what is she hoping to achieve? >> she wants to underline the importance of greece continuing with its reform process and to encourage greeks in that effort. she says that germany will stand by greece as it does so, and she wanted to demonstrate that she means what she says when she says that she understands the sacrifices that ordinary greeks are having to make as these budget cuts are implemented. it is a question of a symbolic visit. i think the message has been support for the greek government, but no more money, apart from a small amount -- 30 million euros for bilateral projects -- and no more time to get these reforms pushed through. >> is there a danger that these protests in athens could dampen the german public's appetite for these bailouts? >> the bailouts in general are not very popular in germany as it is. i do not think there's any likelihood that protests will change attitudes here. authorities think that greeks have a lot more to do. they are a lot less confident than c
angela merkel made her first visit to greece since the eurozone crisis began. what is she hoping to achieve? >> she wants to underline the importance of greece continuing with its reform process and to encourage greeks in that effort. she says that germany will stand by greece as it does so, and she wanted to demonstrate that she means what she says when she says that she understands the sacrifices that ordinary greeks are having to make as these budget cuts are implemented. it is a...
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Sep 26, 2012
09/12
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. >> once again, chancellor angela merkel's conservative government is pushing for financial regulation. the draft legislation agreed to by the german cabinet would contain potential market instability caused by high- frequency trading. that is when computers buy and sell millions of euros of securities within seconds. the proposed rules would clamp down on a rapid, dramatic fluctuations in the market in several ways. >> registration requirements for high-frequency traders, transparency that would allow regulators to recognize abuses faster, the ability four market regulators to suspend trading if there are recognizable aberrations. >> members of the opposition say the draft legislation does not go far enough. they want a limit on how fast traders can resell securities, but berlin argues that sort of regulation could threaten the livelihood of the market. >> traders in frankfurt welcomed the potential ban on high- frequency trading. our markets correspondent has more from frankfurt. >> there will be a speed limit on the trading highway. the german government decided to regulate the high
. >> once again, chancellor angela merkel's conservative government is pushing for financial regulation. the draft legislation agreed to by the german cabinet would contain potential market instability caused by high- frequency trading. that is when computers buy and sell millions of euros of securities within seconds. the proposed rules would clamp down on a rapid, dramatic fluctuations in the market in several ways. >> registration requirements for high-frequency traders,...
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Jun 12, 2012
06/12
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. >> angela merkel does not expect a deal this week as the haggling with the opposition continues, but it is believed that bipartisan support will be reached before a major summit at the end of the month. >> during the european championships, there were more pleasant things for angela merkel to do that wrangle over the fiscal compact. markell insisted on a commitment from her european partners on stricter budget controls -- angela merkel insisted on a commitment. but now, she has to make sure the german parliament ratifies the plan. so she needs the support of the opposition and federal states. she is working hard to sell the idea. >> i want a europe where it is always the case that liabilities and control mechanisms are in one place. we cannot share the liabilities and leave controls that a national level. >> the fiscal compact is meant as a first step. the plan is to reduce deficits and produce a balanced budgets in the long term. failure to comply with the rules triggers an automatic procedure for imposing penalties. states also agreed to enter a debt free by national law. money fro
. >> angela merkel does not expect a deal this week as the haggling with the opposition continues, but it is believed that bipartisan support will be reached before a major summit at the end of the month. >> during the european championships, there were more pleasant things for angela merkel to do that wrangle over the fiscal compact. markell insisted on a commitment from her european partners on stricter budget controls -- angela merkel insisted on a commitment. but now, she has to...
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Aug 22, 2012
08/12
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angela merkel is a tougher nut. elections are coming up next year in germany. support for bailouts is dwindling. angela merkel risks losing votes, so she is in a difficult position becto go on a 90-minutl roller coaster ride every week, to suffer extremes of disappointment and elation. one has achieved cult status for the way he has coached back-to- back bundesliga titles. one of just 23 coaches to win titles so far. here is the league trophy eight times in bayern-munich. a legend in the early years, winning the league wants with cologne and three times with another team, whose new coach learned a thing or two from the old master. >> i got to know him when he was coaching grasshoppers are, and i was playing for geneva. i was in close touch with him. >> some club coaches go to even higher things after successful stints in the bundesliga. the new season kicks off on friday, and you can bet that coaches are looking forward to the right -- ride. >> and the fans as well. if you had just joined us, you are watching the "journal." >> a surprisingly high number of priv
angela merkel is a tougher nut. elections are coming up next year in germany. support for bailouts is dwindling. angela merkel risks losing votes, so she is in a difficult position becto go on a 90-minutl roller coaster ride every week, to suffer extremes of disappointment and elation. one has achieved cult status for the way he has coached back-to- back bundesliga titles. one of just 23 coaches to win titles so far. here is the league trophy eight times in bayern-munich. a legend in the early...
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Aug 24, 2011
08/11
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angela merkel insist that greece is not have enough collateral to stock up for every lender. analysts are worried that if the debate spreads, this could bring down the entire bailout package which still needs approval by parliament in the eurozone states. >> german business confidence has fallen to the lowest lovell and more than a year. the debt crisis weighed on the outlook for growth here in the biggest economy. the business climate index based on a survey of 7000 executives across the country dropped to 108.7 in august. the lowest reading since june of 2010. fears are growing that and other global slump will weaken demand for german exports. the debt crisis is also within the eurozone area. the index had little impact on shares in frankfurt as stocks there are locked in another day of gains. our correspondent has this summary of the session from frankfurt. >> although the most important indicator came in as a disappointment. traders took it as a positive surprise and the index shows that germany is not heading towards the recessionary environment. this is heading towards
angela merkel insist that greece is not have enough collateral to stock up for every lender. analysts are worried that if the debate spreads, this could bring down the entire bailout package which still needs approval by parliament in the eurozone states. >> german business confidence has fallen to the lowest lovell and more than a year. the debt crisis weighed on the outlook for growth here in the biggest economy. the business climate index based on a survey of 7000 executives across the...
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Mar 14, 2012
03/12
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that was the message from angela merkel today. she held talks with the prime minister, who echoed her call, saying the people of the whole arab world are demanding their rights. >> human rights group amnesty international has released a report saying prisoners in syrian jails are being systematically tortured. meanwhile in what now threatens to become an all-out civil war, violence is continuing in several parts of syria. >> fighting in the north syrian town on the turkish border has left a trail of carnage. when the troops on both sides and scores of innocent victims all around. syria if's army has gained control of the city after intense fighting with rebels, but amnesty international says president assad's forces used appalling brutality. >> the use of torture in syrian prisons has increased dramatically over the past few months. we have seen this continual increase ourselves. since april 2011, we have compiled a list of 275 people whose torture in syrian government prisons was so grave that they later died from their injuries.
that was the message from angela merkel today. she held talks with the prime minister, who echoed her call, saying the people of the whole arab world are demanding their rights. >> human rights group amnesty international has released a report saying prisoners in syrian jails are being systematically tortured. meanwhile in what now threatens to become an all-out civil war, violence is continuing in several parts of syria. >> fighting in the north syrian town on the turkish border...
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May 30, 2013
05/13
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. >> he has been meeting today with german chancellor angela merkel, and they have agreed on a range of measures to spark a recovery. they want a separate budget to fight joblessness across the bloc as well as a full-time economic chief with more powers. >> but hollande is a socialist, and merkel heads a conservative government, so do the two have big differences? >> it is no secret that the leaders of the eurozone's two biggest economies do not see eye to eye on several major issues in the eu, so a visit of the exhibition of german paintings at the louvre was perhaps a chance for them to get to know each other better. at the talks held later, the two leaders put on a show of unity. they said their countries would weather the financial crisis together and would present a united front at next month's eu summit on growth and employment. >> much of our discussion was about mobilizing the european funds from 2014 through 2020. and including them in our future planning. >> they also pledged to press ahead with plans for a so- called common economic government in the eurozone. >> we need m
. >> he has been meeting today with german chancellor angela merkel, and they have agreed on a range of measures to spark a recovery. they want a separate budget to fight joblessness across the bloc as well as a full-time economic chief with more powers. >> but hollande is a socialist, and merkel heads a conservative government, so do the two have big differences? >> it is no secret that the leaders of the eurozone's two biggest economies do not see eye to eye on several major...
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Jun 6, 2013
06/13
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chancellor angela merkel visited the flood defenses. she brought a promise of aid from the government and admiration for helpers'. >> i am impressed by the atmosphere here, the way everyone is pulling together. i know a lot of people are exhausted after so many days, but they are not giving up. >> in eastern germany, the flood waters are moving inexorably many dikes are threatening to burst. lower saxony is preparing for the river elbe to swell. further upstream in dresden, the crest of the flood has already passed. temporary flood barriers help keep the historic city center dry. dresden is home to many treasures of baroque architecture. but in residential areas, the battle against the high water continues. again, locals have been pulling together to build up defenses. >> there's obviously a lot of fear, but people have just been fantastic. we are sticking together. it is good. >> it now looks like dresden will escape the kind of inundation it saw in 2002, but the cost of the damage is likely to be high. authorities anticipate a 2 billi
chancellor angela merkel visited the flood defenses. she brought a promise of aid from the government and admiration for helpers'. >> i am impressed by the atmosphere here, the way everyone is pulling together. i know a lot of people are exhausted after so many days, but they are not giving up. >> in eastern germany, the flood waters are moving inexorably many dikes are threatening to burst. lower saxony is preparing for the river elbe to swell. further upstream in dresden, the...
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Aug 29, 2012
08/12
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impressive and full of hope -- that is how angela merkel described italy's reform efforts. the german chancellor even went as far as to say that she is personally convinced that the italian government's austerity drive will bear fruit, but then she went on to dash the hopes of italy's prime minister on at least one important front -- she said no to handing them a basting -- a banking licence to help boost firepower. >> german chancellor angela merkel and italian prime minister mario monti had a wide- ranging agenda for their meeting. in a press conference afterward, the two stressed their points of agreement. merkel praised monti's leadership and said that italy's reforms were improving europe's competitiveness. >> italy's comprehensive budget tightening and reform agenda is impressive. it is moving forward, step-by- step, and being implemented. >> the two differ over the role of the european stability mechanism. merkel said the fund should not be allowed to borrow directly from the european central bank, but that is an option that monti supports, and he praised the virtue
impressive and full of hope -- that is how angela merkel described italy's reform efforts. the german chancellor even went as far as to say that she is personally convinced that the italian government's austerity drive will bear fruit, but then she went on to dash the hopes of italy's prime minister on at least one important front -- she said no to handing them a basting -- a banking licence to help boost firepower. >> german chancellor angela merkel and italian prime minister mario monti...
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Dec 6, 2012
12/12
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. >> both angela merkel and benjamin netanyahu stressed the importance of the german-israeli friendship, and both expressed hope for a solution to the conflict. merkel and netanyahu's say they share the goal of a two-state solution for israel and the palestinians -- merkel and netanyahu say they share the goal. but that kind of progress seems a long way off. >> we have to try again and again to begin negotiations. one-sided measures should be avoided. so, basically, on this issue of settlements, we have agreed to disagree. >> that was a reference to israel's controversial decision to build 3000 homes in the occupied west bank, which provoked sharp criticism from germany. netanyahu rejected that criticism but still backed talks with the palestinians. >> israel remains fully committed to achieving peace with the palestinians based on the principle of two states for to be will peoples. a demilitarized palestinian state recognizes the jewish state of israel. >> merkel, for her part, reiterated germany's absolutely commit -- absolute commitment to israel's security. >> what is the state of g
. >> both angela merkel and benjamin netanyahu stressed the importance of the german-israeli friendship, and both expressed hope for a solution to the conflict. merkel and netanyahu's say they share the goal of a two-state solution for israel and the palestinians -- merkel and netanyahu say they share the goal. but that kind of progress seems a long way off. >> we have to try again and again to begin negotiations. one-sided measures should be avoided. so, basically, on this issue of...
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Sep 27, 2012
09/12
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the chancellor denies having made any errors in selecting the site. >> angela merkel appearing at the parliamentary inquiry. the chancellor is asked to cast her mind back to the mid-1990's when she was environment minister. the opposition claims that merkel and the rest of her party were determined to push through the nation's nuclear dump and that they ignored studies proposing other sites. >> critical scientists have expressed doubts of -- about the site's suitability. the decision to pursue the location was essentially political. >> the chancellor denies those claims, as do other members of her party. some are unable to contain their anger at the opposition. >> we had this experience during this parliamentary inquiry. even if it is written in black and white in the files, someone claims the opposite. >> since the late 1970's, every conservative government has wanted this nuclear waste site. only social democrats and greens have been opposed, yet they have never named an alternative. the left party says lessons must be learned for the future. >> i believe the inquiry has clearly sho
the chancellor denies having made any errors in selecting the site. >> angela merkel appearing at the parliamentary inquiry. the chancellor is asked to cast her mind back to the mid-1990's when she was environment minister. the opposition claims that merkel and the rest of her party were determined to push through the nation's nuclear dump and that they ignored studies proposing other sites. >> critical scientists have expressed doubts of -- about the site's suitability. the...
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Jun 20, 2012
06/12
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german chancellor angela merkel will be on hand in poland. >> one of the players she will be rooting for is the mid-field star. he has played a key role in past tenements and does not let pressure get to him. some would say he could stand the heat and he can stay in the kitchen. >> the chef of the german soccer federation is giving pointers. the midfielder also loves to cook. they are preparing risotto, something the chef says is not too heavy and will provide energy for the game. >> conditions for us are bad, but the quarter finals here, so no travel. >> he thinks germany will win, but he admits few in the german camp brought greece would be their opponents in the knockout stages of the tournament. they have been analyzing videos of the games and practicing special place -- plays to make sure they beat the euro 2012 champion. >> you can expect them to defend strongly. they will have to be patient. but soccer games are not just a walk in the park. we will have to work at it if we want to win. >> it was his goals which played a huge role in germany's impressive third place showing in
german chancellor angela merkel will be on hand in poland. >> one of the players she will be rooting for is the mid-field star. he has played a key role in past tenements and does not let pressure get to him. some would say he could stand the heat and he can stay in the kitchen. >> the chef of the german soccer federation is giving pointers. the midfielder also loves to cook. they are preparing risotto, something the chef says is not too heavy and will provide energy for the game....
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May 24, 2012
05/12
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austerity versus growth -- the eurozone hub of war is a domestic hattic for germany's chancellor, angela merkel. >> german police conduct raids on premises run by the hell's angels across northern germany. >> human rights around the world. the arab spring but says there's still much to be done. well, it seems everyone is demanding she do more to push economic growth. german chancellor angela merkel got an earful at yesterday's summit of eu leaders. >> they want her to increase more policies aimed at growth instead of focusing first on austerity. >> it is now a domestic problem for the chancellor. today, she met with leaders of the opposition to drum up support for eurozone budget discipline. >> voters sitting across from her told her their vote will come only when she says yes to more growth. >> talks with the opposition did not is the quick agreement the government was hoping for. instead, the parties announced they will meet again next month. >> it was agreed that there are a number of issues to clarify, and they include matters of constitutional law and what form an economic growth st
austerity versus growth -- the eurozone hub of war is a domestic hattic for germany's chancellor, angela merkel. >> german police conduct raids on premises run by the hell's angels across northern germany. >> human rights around the world. the arab spring but says there's still much to be done. well, it seems everyone is demanding she do more to push economic growth. german chancellor angela merkel got an earful at yesterday's summit of eu leaders. >> they want her to increase...
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Jan 3, 2012
01/12
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. >> german chancellor angela merkel was the person who nominated wulff for the presidency in 2010, and she strongly backed his presidency as well. we spoke to our chief political correspondent and asked why the chancellor has not said anything at all about the latest twist in the wulff saw that. >> you might interpret it as an attempt to have heard that spirit the last time she talked about the matter directly was december 19, and she has nothing -- has had nothing to say since the latest revelations began emerging over this past weekend. the fact is we are like we hear something from government spokesman tomorrow because that is the day when the government has its weekly press conference -- we are likely to hear something from government spokesmen tomorrow. she has been silent so far, and many speculate that it is because at this point, she and others are waiting to see what happens. >> the u.s. presidential race officially kicks off in iowa as republicans have their first opportunity to express who they would like to see as the party oppose the nominee. mitt romney has been leading m
. >> german chancellor angela merkel was the person who nominated wulff for the presidency in 2010, and she strongly backed his presidency as well. we spoke to our chief political correspondent and asked why the chancellor has not said anything at all about the latest twist in the wulff saw that. >> you might interpret it as an attempt to have heard that spirit the last time she talked about the matter directly was december 19, and she has nothing -- has had nothing to say since the...
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Feb 21, 2013
02/13
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. >> in germany, chancellor angela merkel has praised the european union's hard-fought budget for the next seven years. she told parliament the proposals agreed in brussels earlier this month were the best way to ensure economic stability in europe. >> the budget includes some spending cuts for the first time. critics say it does not focus enough on boosting jobs and growth. >> angela merkel says all eu member states must cut costs. two weeks ago, the chancellor and british prime minister david cameron went out in brussels securing an eu budget cut of around 3%. now merkel has defended that decision. she says the crisis means everyone has to save. >> i will say it quite plainly -- it would have been hard to explain to people in europe, both to the states hit by the crisis and those bearing the bulk of the burden of solidarity why everyone in europe has to say except for europe itself. >> but the opposition disagrees. social democrats' candidate for chancellor peer steinbrueck says merkel advocates too much austerity and too little investment. he also accused merkel of making common ca
. >> in germany, chancellor angela merkel has praised the european union's hard-fought budget for the next seven years. she told parliament the proposals agreed in brussels earlier this month were the best way to ensure economic stability in europe. >> the budget includes some spending cuts for the first time. critics say it does not focus enough on boosting jobs and growth. >> angela merkel says all eu member states must cut costs. two weeks ago, the chancellor and british...
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Mar 20, 2013
03/13
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. >> against this backdrop, the vote in cyprus is a true setback for chancellor angela merkel, just when she needed a victory with hard-hit eurozone economies contracting and german taxpayers nervous of the cost of bailouts. opposition parties are demanding the chancellor improve her track record. >> the fiscal cliffhanger in cyprus has turned into a major headache for angela merkel in her role as crisis manager. for many on the island, germany as part of the problem, but she points out that the troika is the negotiating partner for any bailout, not germany. >> politically, it is important that cyprus create a sustainable banking sector for the future. their current model is not sustainable. >> merkel also stressed that the eu had requested a levy on private accounts above 100,000 euros and not the 20,000 suggested by cyprus' government, but the german government says the cyprus debacle is covered in angela merkel's fingerprints and she must find a solution. >> the chancellor must make sure that the deal is struck which represents the interests of cyprus and stabilizes the european econo
. >> against this backdrop, the vote in cyprus is a true setback for chancellor angela merkel, just when she needed a victory with hard-hit eurozone economies contracting and german taxpayers nervous of the cost of bailouts. opposition parties are demanding the chancellor improve her track record. >> the fiscal cliffhanger in cyprus has turned into a major headache for angela merkel in her role as crisis manager. for many on the island, germany as part of the problem, but she points...
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Nov 2, 2012
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industries that are special concessions and indirect subsidies, but that is unlikely to change under angela merkel's center-right government. in fact, even if it did and the costs -- more of the costs were passed on to industry, i suspect that the ordinary citizen would still have to pay a large share of the costs, that industry would probably just passed a large part of those costs onto the consumer, but a majority of people in germany do want this energy change. they know it is expensive. they will have to pay for it. >> thanks for that analysis. >> travelers in germany will soon have no options to choose from because the government is finally allowing bus companies to compete with the national rail service on long-distance routes. >> deregulation will come into effect at the beginning of next year. analysts say consumers can expect to benefit from lower fares. >> at the moment, when you travel more than 100 kilometers, you consider driving or taking the train or plane. germans do not even think of taking the bus. >> in 1934, the government made the national rail company the only player i
industries that are special concessions and indirect subsidies, but that is unlikely to change under angela merkel's center-right government. in fact, even if it did and the costs -- more of the costs were passed on to industry, i suspect that the ordinary citizen would still have to pay a large share of the costs, that industry would probably just passed a large part of those costs onto the consumer, but a majority of people in germany do want this energy change. they know it is expensive....
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May 8, 2013
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chancellor angela merkel has promised german support for the proposed international peace conference on syria. she emphasized that syria urgently needs a political solution. >> assyria's main opposition group has reiterated its demand that president bashar al assad step down before any further negotiations. syria announced tuesday that a to co-host a peace conference with the aim of bringing together rebel groups and the assad government. >> there was no mention of the newly proposed peace conference when president bashar al assad appeared on syrian state television with one of his few remaining allies, the iranian foreign minister. the reiterated tehran's's support for the regime in damascus and told supporters that iran would continue to help syria and its people, who he said had so bravely defended themselves against attacks. on tuesday, syria's other main ally, russia, consulted with assad's most vocal opponent, the united states. u.s. secretary of state john kerry was in moscow to try to find common ground on syria with russian leaders, and indeed, the u.s. and russia did manage
chancellor angela merkel has promised german support for the proposed international peace conference on syria. she emphasized that syria urgently needs a political solution. >> assyria's main opposition group has reiterated its demand that president bashar al assad step down before any further negotiations. syria announced tuesday that a to co-host a peace conference with the aim of bringing together rebel groups and the assad government. >> there was no mention of the newly...
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Jun 4, 2013
06/13
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chancellor angela merkel stop here first on her tour of the disaster areas. in all, she pledged 100 million euros in aid from the german government. >> i understand that it will take many weeks. the loss of income and the damage will have a lasting impact, so our support will not falter. >> merkel does not want her appearance to be seen as a grab for votes. but there is no denying that floods can help politicians hold on to power. that is what the former chancellor found out after viewing damage in saxony 11 years ago. taking charge in rain gear helped him win reelection in 2002. merkel's challenger said the flood is a case for more european integration at a foreign policy speech in berlin. >> this flood has impacted people in a number of european nations. another example of why it is important for europeans to stand together. >> the german chancellor will encounter similar damage as she continues her tour. she will be able to promise federal relief, a message people surely want to hear, even if it is not meant to get votes. >> what is the mood in the region,
chancellor angela merkel stop here first on her tour of the disaster areas. in all, she pledged 100 million euros in aid from the german government. >> i understand that it will take many weeks. the loss of income and the damage will have a lasting impact, so our support will not falter. >> merkel does not want her appearance to be seen as a grab for votes. but there is no denying that floods can help politicians hold on to power. that is what the former chancellor found out after...
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Apr 3, 2012
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angela merkel has met with the czech prime minister. the german chancellor says there is no pressure on prague to join the european union's fiscal discipline pact. >> that that is the grim that was drawn up defense in the eurozone debt crisis, and it obliges countries to balance their budgets and pay sanctions to the czech republic -- but czech republic along with britain never signed up, viewing it as an infringement. >> chancellor merkel was keen to downplay the check refusal to sign up to the european fiscal pact, which places strict limits on government spending. she said it is not a problem, as all the countries that use the euro have signed up to the agreement. >> although the czech republic has not signed, we know that the option remains open to it. what is important to me is that our two countries share the aims of the fiscal pact, which are also needed to improve competitiveness. >> another sensitive issue is the nuclear power station. the czechs want to build two new reactors at the plant, but there have been angry protesters
angela merkel has met with the czech prime minister. the german chancellor says there is no pressure on prague to join the european union's fiscal discipline pact. >> that that is the grim that was drawn up defense in the eurozone debt crisis, and it obliges countries to balance their budgets and pay sanctions to the czech republic -- but czech republic along with britain never signed up, viewing it as an infringement. >> chancellor merkel was keen to downplay the check refusal to...
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Sep 16, 2011
09/11
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it could be a torpedo for a chance for angela merkel's party. >> the cvu candidate has little chance of becoming the next mayor of berlin. the electorate is a tough about for the conservative to crack. the chancellor is sticking to her hard lines. >> sharing the debt burden in the form of bonds will only lead to a situation where nobody feels responsible. everyone needs to do their own homework. if there is no question of these bonds happening with a christian democrat. >> that is not the only bone of contention. an orderly the fault should not be a taboo subject according to the economics minister. and the political rhetoric is hitting a nerve with some voters in the capital. >> we pay for everything in europe and it could all go wrong. >> i don't want bonds, the chancellor is close to the market. but she could get closer. >> her argument is not winning most voters over. if they do badly on sunday, the divisions within her party could widen. >> new zealand has thrashed japan in the rugby world cup. they won the face-off in hamilton. it was a crushing 83-7. they will have a hard time
it could be a torpedo for a chance for angela merkel's party. >> the cvu candidate has little chance of becoming the next mayor of berlin. the electorate is a tough about for the conservative to crack. the chancellor is sticking to her hard lines. >> sharing the debt burden in the form of bonds will only lead to a situation where nobody feels responsible. everyone needs to do their own homework. if there is no question of these bonds happening with a christian democrat. >>...
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Aug 27, 2012
08/12
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hist it -- in germany, angela merkel is trying these doubts about greece. politicians and the market should stop speculating on greek exit from the euro, she says. >> members of her own coalition are expressing doubts. the secretary has broken ranks by saying there is no way for >> leading conservatives moved quickly to reassert the party line, criticizing speculation about greece's likely exit from the eurozone. the chancellor urged colleagues to way words carefully. >> the situation is difficult enough. it doesn't help when everyone hammers away at it every day. the remarks are unacceptable and the political calculation is unacceptable. >> the opposition wants the chancellor to get her coalition into line. >> it is a serious and uncomfortable position for the chancellor and it's sure to cause a lot of irritation. >> for now, she is backing agrees to stay in the eurozone. that condition could change each when the strike a reports on athens'progress. >> businesses in germany are feeling the pinch of the crisis a survey of businesses showed german firms are
hist it -- in germany, angela merkel is trying these doubts about greece. politicians and the market should stop speculating on greek exit from the euro, she says. >> members of her own coalition are expressing doubts. the secretary has broken ranks by saying there is no way for >> leading conservatives moved quickly to reassert the party line, criticizing speculation about greece's likely exit from the eurozone. the chancellor urged colleagues to way words carefully. >> the...
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Jul 17, 2012
07/12
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it is also in the business wing of angela merkel's own central right cdu party. >> thanks very much. or an example of what is at stake as the global climate changes, we visited mauritania. 80% of the country is desert, and that figure is growing year by year. >> long droughts are killing off what little vegetation there is, and entire villages are on the verge of being swallowed by the ever-expanding sand. >> abdullah is trying to get his house out from the stand that has gathered overnight, but this daily battle against nature is hopeless -- get his house out from the sand that has gathered overnight. many in his village have already recognized this fact and moved away. >> the village population is getting smaller and smaller. everyone who does not have access to a tractor is moving to the city. the struggle against the sand is daily, and people just do not feel up to the task. >> the main destination for villagers fleeing the countryside. the consequences are dramatic, and -- and intensifying housing shortage and slums popping up everywhere -- an intensifying how is it -- housing s
it is also in the business wing of angela merkel's own central right cdu party. >> thanks very much. or an example of what is at stake as the global climate changes, we visited mauritania. 80% of the country is desert, and that figure is growing year by year. >> long droughts are killing off what little vegetation there is, and entire villages are on the verge of being swallowed by the ever-expanding sand. >> abdullah is trying to get his house out from the stand that has...
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Mar 22, 2013
03/13
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angela merkel says nationalizing pension funds in cyprus is not an acceptable way of plugging the holes in the country's finances. >> checking in on the markets, european shares traded flat or slightly to the downside friday as investors waited for clarity on cyprus, and germany's business confidence suffered an unexpected drop. our correspondent sent us this summary from frankfurt. >> still no solution in cyprus. traders had to finish this trading week and this uncertainty leading almost to a standstill at the stock market. traders did not know leader to bet on a happy ending or bankruptcy in cyprus. the german index was slightly down but made huge losses throughout the week. the bureau could recover a little bit, despite economic disappointing data. the german economy seems to lose momentum. the ifo index dropped for the first time in a month. emma we stay in frankfurt for a closer look at the numbers. the dax fell just slightly, but bigger losses over the course of the week, finishing at 7911. that is how it went in the week in the euro stoxx 50. let's call it finishing flat. across
angela merkel says nationalizing pension funds in cyprus is not an acceptable way of plugging the holes in the country's finances. >> checking in on the markets, european shares traded flat or slightly to the downside friday as investors waited for clarity on cyprus, and germany's business confidence suffered an unexpected drop. our correspondent sent us this summary from frankfurt. >> still no solution in cyprus. traders had to finish this trading week and this uncertainty leading...
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Dec 7, 2012
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environmental groups say it is largely down to chancellor angela merkel. >> merkel has not use her voice strongly enough, and that is why the situation in the eu is so critical. it is lacking a leader, and effects are being felt everywhere. >> climate experts warn that if emissions do not sink in the coming years, the consequences will be dire. a new climate treaty is due before 2020, but after events in doha, that is looking more unlikely than ever. >> as we saw in that report, the german environment minister is playing a key role in the climate talks. we asked if he thought there would be a breakthrough. >> first of all, we are in the middle of a very, very important and difficult negotiation process. i expect negotiations going on all day and probably all night. we are very much family dependent to achieve as much as we can in the summit. i hope that we will be able to have another commitment perido -- period under the kyoto protocol. i hope as well that we can agree on a road map for negotiations on a new finding instrument for all countries worldwide, and i hope that we can enhance
environmental groups say it is largely down to chancellor angela merkel. >> merkel has not use her voice strongly enough, and that is why the situation in the eu is so critical. it is lacking a leader, and effects are being felt everywhere. >> climate experts warn that if emissions do not sink in the coming years, the consequences will be dire. a new climate treaty is due before 2020, but after events in doha, that is looking more unlikely than ever. >> as we saw in that...
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Feb 1, 2013
02/13
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. >> earlier, we spoke with a foreign policy spokesman, one of angela merkel christian democrats, and we asked about what international security had to do with energy policy. >> country and a new chance for them because they would be a major decrease of the prices for energy in america. because of the shale gas and crude oil debate, this would change the geopolitical situation also in the middle east because not any longer setting arabia will be the field station for america. maybe this will change in 10 or 15 years. this is part of this conference. m staying with the energy sector, a u.s. oil giant, exxon mobil's, has posted 2012 earnings just shy of $45 billion. yes, that was billion. the second highest ever for a publicly held company, despite slight declines in its oil and gas business, the company improve its bottom line by about 6% compared to 2011. strong performance from exxon's refinery division helped drive the growth. the $45 billion mark is just a couple hundred million dollars shy of the all-time record set back in 2008 by -- you guessed it -- exxon. better than expected
. >> earlier, we spoke with a foreign policy spokesman, one of angela merkel christian democrats, and we asked about what international security had to do with energy policy. >> country and a new chance for them because they would be a major decrease of the prices for energy in america. because of the shale gas and crude oil debate, this would change the geopolitical situation also in the middle east because not any longer setting arabia will be the field station for america. maybe...
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Aug 23, 2011
08/11
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angela merkel is facing a backlash for more bailouts for wheat euros on members. the labor minister has called for members to use their own gold reserves as collateral for future bailouts. >> the finance minister needs to gain the support of the conservatives for her policy. many are concerned at extending the stability package will mean that german taxpayers will have to foot the bill. >> this does not help anyone. you have got eurozone members in constant need of help. germany's creditworthiness is being damaged. >> 40 billion euros is designed to help out indebted members. conservatives say that all payouts must be linked to strict conditions. >> europe will only be competitive when those countries carry out the necessary reforms. we need to make it clear that that needs to be reduced rather than new debt constantly being created. >> they will vote on the measure's next month. austerities support makes it certain that the measures will be passed. she is trying to shore up her political base. part of the rapidly developing events in the political capital trouble
angela merkel is facing a backlash for more bailouts for wheat euros on members. the labor minister has called for members to use their own gold reserves as collateral for future bailouts. >> the finance minister needs to gain the support of the conservatives for her policy. many are concerned at extending the stability package will mean that german taxpayers will have to foot the bill. >> this does not help anyone. you have got eurozone members in constant need of help. germany's...
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Jun 20, 2013
06/13
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. >> chancellor angela merkel was on a tight schedule at the world bank for them in berlin. she used the time she had to join the bank president and calling on governments to do more to fight climate change. >> people often say the cost of taking action is too high, but we cannot forget what will happen if we do not take action. we must consider that. >> the consequences of climate change are already being seen. droughts are becoming more common in parts of africa, and up to 40% of fields could disappear in coming decades. both merkel and kim are convinced the world must take action to reduce emission levels and lower energy consumption if the worst is to be avoided. >> in southeast asia, we think and scientists tell us that the sea level rises will be 10% to 15% higher than in the rest of the world. this means that rank, manila, ho chi minh city, calcutta could be underwater. >> chancellor merkel is calling on the united nations to form a new commission to coordinate international efforts to stave off climate change's worst side effects. >> authorities in singapore have urg
. >> chancellor angela merkel was on a tight schedule at the world bank for them in berlin. she used the time she had to join the bank president and calling on governments to do more to fight climate change. >> people often say the cost of taking action is too high, but we cannot forget what will happen if we do not take action. we must consider that. >> the consequences of climate change are already being seen. droughts are becoming more common in parts of africa, and up to...
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Dec 14, 2012
12/12
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the move now needs the backing of the second house of parliament and chancellor angela merkel's cabinet. >> the german and parliament has voted to send patriot missiles to turkey in an attempt to prevent spillover attacks from syria's civil war. and it will be accompanied by up to 400 soldiers expected to be deployed in the coming months. >> germany is to send two patriot missile batteries to turkey by the end of next month. the mandate lasts for one year. the u.s. and the netherlands are also sending patriot to protect turkey from stray missiles. >> the reality is that assad is firing on citizens nearly every day. shells are hitting turkey and have killed a family there. a turkish plane was shot down over the mediterranean, and kassam rockets are being deployed against the civilian population. >> the german government has emphasized that the move is not in anticipation of a possible turkish invasion of syria or a possible no-fly zone. >> we have implemented a number of safeguards, created a series of fire walls, which explicitly state that neither nato nor the federal republic of germa
the move now needs the backing of the second house of parliament and chancellor angela merkel's cabinet. >> the german and parliament has voted to send patriot missiles to turkey in an attempt to prevent spillover attacks from syria's civil war. and it will be accompanied by up to 400 soldiers expected to be deployed in the coming months. >> germany is to send two patriot missile batteries to turkey by the end of next month. the mandate lasts for one year. the u.s. and the...
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Feb 19, 2013
02/13
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leading the way trying to get legislation through parliament on these issues, but it has been blocked by angela merkel's conservatives, by and large. a lot of people in conservative ranks want to defend what they view as a more traditional view of the family. these are divisive issues. there's a lot of passion around this. it is very emotional. the greens are saying they're going to make all these issues an element of their election manifesto, so that should be interesting. there is a lot of passion in germany. i have to say also that is not quite as much as it was recently in france where tens of thousands of people took to the streets in demonstrations for and against same-sex marriage. we saw similar scenes in the british parliament as well. >> the outlook is brightening for europe's biggest economy. investor sentiment in germany has surged to a three-year high. >> the index is one of the most closely watched investor confidence surveys. it pulls germany's top 300 financial analysts and is being taken as another sign that the german economy could rebound quickly from a sharp slowdown at the
leading the way trying to get legislation through parliament on these issues, but it has been blocked by angela merkel's conservatives, by and large. a lot of people in conservative ranks want to defend what they view as a more traditional view of the family. these are divisive issues. there's a lot of passion around this. it is very emotional. the greens are saying they're going to make all these issues an element of their election manifesto, so that should be interesting. there is a lot of...
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Aug 30, 2012
08/12
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still, the european aerospace company is perhaps the real winner of chancellor angela merkel's visit to china. chinese representatives are set to buy 50 of airbus' aircraft, but there were rumors that china wanted to buy 100 of the new passenger jets. the deal also seized airbus' only production facility outside the eu. the new agreements will net airbus more than 4 billion euros in total, but the agreement is not just profitable -- it is politically important as well. chinese airlines refuse to pay environmental protection taxes required by the eu, and china recently canceled a similar deal due to a spat with regulators. business leaders from both countries also agreed to expand the chinese telecom network, and volkswagen ag aims to expand its chinese operations. local consumers buy more volkswagen product than germans do, and the german company has long seen china as a key market. vw produces cars and components in 11 chinese factories, and has plans to build a new plant. groundbreaking is scheduled for friday, and chancellor merkel will be in attendance. >> moving on to other inte
still, the european aerospace company is perhaps the real winner of chancellor angela merkel's visit to china. chinese representatives are set to buy 50 of airbus' aircraft, but there were rumors that china wanted to buy 100 of the new passenger jets. the deal also seized airbus' only production facility outside the eu. the new agreements will net airbus more than 4 billion euros in total, but the agreement is not just profitable -- it is politically important as well. chinese airlines refuse...
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Dec 21, 2012
12/12
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current opinion polls favor the incumbent chancellor angela merkel. >> let's look ahead and have the competition is shaping up at the moment. >> according to the latest polls, chancellor merkel and her conservative party can look forward to the new year. approval ratings for the party have hit a five-year high. if parliamentary elections were to take place tomorrow, there would expect 40% of the german vote. germany's second-biggest party, the social democrats, trail far behind. germany's greens and left party would receive 13% and 7% of the vote respectively. they no longer have enough support to form a coalition with the cdu, and just 4% of germans would trust the free democrats with their vote. >> the social democrats and their candidate for chancellor, peer steinbrueck, want a change of direction, the experts say most germans want to stay the course. >> we are not seeing a shift in the national mood like we did in 1998. people really want to change after 16 years of the same coalition. the german people had grown tired of the government, and their votes reflected that. >> but ger
current opinion polls favor the incumbent chancellor angela merkel. >> let's look ahead and have the competition is shaping up at the moment. >> according to the latest polls, chancellor merkel and her conservative party can look forward to the new year. approval ratings for the party have hit a five-year high. if parliamentary elections were to take place tomorrow, there would expect 40% of the german vote. germany's second-biggest party, the social democrats, trail far behind....
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Nov 1, 2012
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. >> both angela merkel -- into merkel played down concerns over the you crisis. she said -- she stressed the importance of communication. and next, i will try to talk directly with david cameron. we are in close contact with britain, and germany will do everything to find a solution. >> clearly, there are different opinions being expressed by leaders in different countries. that is normal for politics. >> he also had other issues on his mind. ireland received 85 billion euros in 2010 to stabilise its banking system from the e you. dublin would like to draw on european stability mechanism funds to consolidate finances. merkel offered praise, but she gave no concrete promises. >> island is an outstanding example of how europe can emerge from this crisis stronger than when it went into it. >> at the beginning of 2013, ireland will assume the you's rotating presidency -- the eu's rotating presidency. >> let's check in with our political correspondent, who is covering the story on the budget tug-of-war here in europe. what can we expect or what is berlin expecting to
. >> both angela merkel -- into merkel played down concerns over the you crisis. she said -- she stressed the importance of communication. and next, i will try to talk directly with david cameron. we are in close contact with britain, and germany will do everything to find a solution. >> clearly, there are different opinions being expressed by leaders in different countries. that is normal for politics. >> he also had other issues on his mind. ireland received 85 billion euros...
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Nov 14, 2012
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angela merkel is the leader who is most associated with austerity as a policy. francoise hollande in france came to power on a wave of anti- austerity. where is the debate? >> francois hollande gave a long interview to a newspaper only last month, saying that the traditional franco-german motor driving the european union is set to stall because of these deep divisions over what to do, but even he -- even francoise hollande, if you look at him, he is imposing austerity measures in france as well. christine lagarde at the intenational monetary fund would say that the idea is for creditors to take a hit so ordinary workers do not have to suffer too much, but it is a horrible balancing act. yes, the commission is taking note of what is happening with great concern but does not offer any alternative to deep austerity as the beginnings of getting out of this economic crisis. >> certainly a frustrating situation all around. thanks very much for that. >> let's stay in brussels for a moment because the eu is taking action to boost the number of women in leadership roles
angela merkel is the leader who is most associated with austerity as a policy. francoise hollande in france came to power on a wave of anti- austerity. where is the debate? >> francois hollande gave a long interview to a newspaper only last month, saying that the traditional franco-german motor driving the european union is set to stall because of these deep divisions over what to do, but even he -- even francoise hollande, if you look at him, he is imposing austerity measures in france...
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Aug 31, 2012
08/12
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problems arose between angela merkel's two-day visit. one example is solar industry. the industry accuses chinese competitors of price dumping. >> that also filed a complaint with the european commission. chancellor raised the issue in beijing as she ended her visit. >> beijing's imperial splendor. the premier accompanied the chancellor to the forbidden city. it was once home to the chinese emperor and his court. today, it is a world heritage site. it picture of the two together capturing the closeness of chinese chess -- a picture of the two together capturing the closeness of chinese-german ties. the two leaders celebrated the 100 airbus 8-320 to be built here, due for delivery soon. >> for both germany and china, the aviation industry is strategically important -- a strategically important industrial sector, and it is a prospect with an enormous future. >> both countries want to keep and trade ties further, but representatives of german industry say that china has to open up its markets more. the outgoing chinese leadership gave the chancellor some encouraging sign
problems arose between angela merkel's two-day visit. one example is solar industry. the industry accuses chinese competitors of price dumping. >> that also filed a complaint with the european commission. chancellor raised the issue in beijing as she ended her visit. >> beijing's imperial splendor. the premier accompanied the chancellor to the forbidden city. it was once home to the chinese emperor and his court. today, it is a world heritage site. it picture of the two together...
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Feb 14, 2012
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talks with angela merkel in berlin. >> a big eu-china summit in beijing. lifetime achievement award at the berlin film festival. ♪ >> what can the world to to end the violence in syria? the latest plan from the arab league calls for a joint peacekeeping mission with the u.n. >> but the chances of that being a reality look slim. u.s. officials said it will consider the idea, but they doubt it would get through the u.n. security council. >> that is the problem, according to the u.n. human rights chief. she says the council's failure to take any action against syria is giving it time to attack its own people. >> the assad regime pressing ahead with its bombardment of the rebel stronghold of homs. footage making it onto the internet. the head of the year of league has been in berlin for talks with angela merkel on the way ahead. general secretary of the arab league are in broad agreement about the way ahead on syria. the league is adopting a tough stance against the assad regime and has proposed sending a peacekeeping mission, including u.n. troops come to s
talks with angela merkel in berlin. >> a big eu-china summit in beijing. lifetime achievement award at the berlin film festival. ♪ >> what can the world to to end the violence in syria? the latest plan from the arab league calls for a joint peacekeeping mission with the u.n. >> but the chances of that being a reality look slim. u.s. officials said it will consider the idea, but they doubt it would get through the u.n. security council. >> that is the problem, according...
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Aug 16, 2012
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. >> here in germany, chancellor angela merkel has praised canada from actually in canada for its policy of not running up a large federal debt. >> the canadian prime ministers praised germany's resolve in seeking solutions to the european debt crisis. these are not the pictures i wanted to show you. this is obviously not canada. canada and the european union working on free trade agreements. when germany tells southern europe countries to push through tough reforms, it is speaking from experience. it was a decade ago that the government began some of the biggest changes to its social welfare programs. >> today, many economists say they helped prepare germany for the fiscal challenges of today. at the time, the which became synonymous with tough cuts that hurt the little man. -- the words became synonymous with tough cuts. >> we have shape of the future 4 2 million unemployed here. i wish you and all of us every success in implementing it. >> they fare -- the on a planned program requires the jobless to take on low-paid work or retrained. anyone refusing to do so is liable to refuse bene
. >> here in germany, chancellor angela merkel has praised canada from actually in canada for its policy of not running up a large federal debt. >> the canadian prime ministers praised germany's resolve in seeking solutions to the european debt crisis. these are not the pictures i wanted to show you. this is obviously not canada. canada and the european union working on free trade agreements. when germany tells southern europe countries to push through tough reforms, it is speaking...
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Nov 11, 2011
11/11
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the country's not committed to supporting the palestinian bid to the i am joined by the spokesman of angela merkel democratic party. explain germany's position to us. why do they have to say yes or no? >> when we decide to give something to the palestinians, we want to have something positive. that means that the have to take the costs also politically for joining the united nations. i am not for a free lunch for them. therefore, they have to get together with the israeli government and to talk and to find a way for peace. >> some of your colleagues disagree with you. is this another example of eu not being able to coordinate its policy? >> i am frustrated about the situation of brussels in this case, because brussels is not able to announce what the position is that the european union. there is so much national influence on this question. there is the need for one european voice in this, but this voice does not exist. >> chancellor merkel and westerwelle have said it is part of germany's identity. what does this actually mean? >> germany's one of our most important parts, how we see for po
the country's not committed to supporting the palestinian bid to the i am joined by the spokesman of angela merkel democratic party. explain germany's position to us. why do they have to say yes or no? >> when we decide to give something to the palestinians, we want to have something positive. that means that the have to take the costs also politically for joining the united nations. i am not for a free lunch for them. therefore, they have to get together with the israeli government and...
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Sep 27, 2011
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greek prime minister george papandreou arrived in berlin on tuesday... to meet with german chancellor angela merkel ahead of a parliamentary vote there on approving plans to beef up the eurozone rescue fund. in athens tuesday night, greek lawmakers are set to vote on the property tax bill,... which electricity company workers have threatened not to collect... as they say the power utility should not be used as a tax collection system. the country is facing ongoing strikes and protests against austerity measures,... with a 24-hour public transportation strike underway in the capital from monday... and a 48-hour strike by all transport workers scheduled later this week. korean stocks closed higher on tuesday,... jumping more than 5 percent. the main index broke above above the 17- hundred mark,... as foreign investors and institutions looked for bargains. the benchmark kospi gained 83 points to close at 17-35. the tech-heavy kosdaq jumped nearly 24 points or 5- point-8 percent to end at 4-hundred-33. on the fx counter,... the korean currency strengthened by about 23 won... to close at 11 -73 a
greek prime minister george papandreou arrived in berlin on tuesday... to meet with german chancellor angela merkel ahead of a parliamentary vote there on approving plans to beef up the eurozone rescue fund. in athens tuesday night, greek lawmakers are set to vote on the property tax bill,... which electricity company workers have threatened not to collect... as they say the power utility should not be used as a tax collection system. the country is facing ongoing strikes and protests against...
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Sep 20, 2011
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over in washington, us president barack obama held a teleconference with german chancellor angela merkel... and the two leaders agreed that concerted action would be needed in the coming months... to address the situation in the euro zone... while world bank president robert zoellick said european policymakers must tackle the region s debt crisis without relying on others... as ripple effects from the area begin to reach developing countries. zoellick added that the global recovery is far more fragile than it was earlier this year as concerns over european solvency and cooling us growth are disrupting markets in emerging economies, where export demand has already begun to slow. song ji-sun, arirang news. us president barack obama is telling america's wealthiest citizens they have to pay more taxes. speaking at the white house on monday, obama asked congress to raise taxes on the rich to cut the country's deficit. hwang sung-hee reports. us president barack obama has put forward a three trillion us dollar plan to cut america's deficit... by raising taxes on the rich. speaking at the white
over in washington, us president barack obama held a teleconference with german chancellor angela merkel... and the two leaders agreed that concerted action would be needed in the coming months... to address the situation in the euro zone... while world bank president robert zoellick said european policymakers must tackle the region s debt crisis without relying on others... as ripple effects from the area begin to reach developing countries. zoellick added that the global recovery is far more...